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Material Transfer

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Material Transfer

Owned by Joseph Wall (Deactivated)
Last updated: 06 21, 2022 by Claire Aleman

Overview:

The Material Transfer window allows you to update inventory records for a transfer of materials from one location to another. A location can be a warehouse location, account, job, or fixed asset.

When you transfer inventory from one destination to another, PENTA does the following:

  • Backs out the tax associated with the transferred inventory using the tax jurisdictions/tax rates for the “From” location.
  • Calculates the tax associated with the transferred inventory using the tax jurisdictions/tax rates for the “To” location.

Benefits:

  • Track unused materials on Jobs or Work Orders and give Job Cost Credit

Roles:

  • Warehouse Manager
  • Project Controller

Additional Content

Location:

  • Inventory > Warehouse Transactions > Material Transfer

Video:

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